EDM Resources Inc V.EDM

FNC Holders watch out

[wizzzzz]

Appears like EDM insiders have been proping up EDM shares with weekly buys averging a few hundred K last year spent to justify the millions recieved from FNC at 66 cents
Hope they find other investors and dont go back to the FNC well
Not sure what true value is but suspect its in the .3s or .4s without insider buys
Thats where FNC should finance if at all

[Bwrbhk]

I you do not know what it is worth, you should read the PFS.  If you do, you will see that it is worth a hell of a lot more than $0.66/share-

[Maxmoe]

It's worth nothing and never will be worth anything that's why nobody would provide a penny of financing unless FORCED to. Read the story, again, about how glencore screwed Noranda and trevali with obscene treatment fees of their concentrate. If mehra didn't teach that trick to glencore, I'm pretty sure he learned it. My expectation is, IF any concentrate is EVER produced it will